TMN DESA CEMERLANG

TMN DESA CEMERLANG in Johor Bahru, Johor recorded 7 subsale transactions in 2023, with a median price of RM 800K and a median price per square foot (PSF) of RM 453.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 800K, with most transactions falling within a stable range of RM 653K to RM 1.09 million, and a typical market range of RM 653K to RM 1.05 million.

Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.

Price per square foot shows a median of RM 453, though individual units vary from RM 262 to RM 644 in the core range. The broader market spans RM 347.50 to RM 558.50, indicating diverse property characteristics. A wider spread (IQR: RM 211.00) and deviation (MAD: RM 191) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.